Tag: Holding

BloombergAugust 28, 2020

© Reuters. U.S. Real Estate Pain Leaves Foreign Investors Holding the Bag (Bloomberg) — Foreign investors who backed real estate projects in return for U.S. visas are emerging as losers in the pandemic-driven commercial property crisis. In Manhattan, Chinese investors who helped fund Related Cos.’ Hudson (NYSE:) Yards have called for arbitration to pressure the […]

ReutersMay 27, 2020

© Reuters. FILE PHOTO: Turkish Treasury and Finance Minister Berat Albayrak attends a news conference in Istanbul ANKARA (Reuters) – Turkey is in talks with several countries over possible swap agreements, Finance Minister Berat Albayrak said on Wednesday, saying the initiative was part of Ankara’s campaign to prioritise trading in local currencies. “From now on, […]

ReutersMay 26, 2020

(Reuters) – Bank of America Corp (N:) head of wealth management Andy Sieg, said on Tuesday that the coronavirus pandemic has not meaningfully disrupted business at the wirehouse, though clients are still holding more cash. Speaking at an investor conference, Sieg said cash now represents an average of 13% of client’s portfolio’s compared to 10% […]

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